Q: This is more of an observation than a question. I am disappointed that you are now recommending "nosebleed" momentum stocks like CRWD and TTD quite often, and went so far to to include some of these momentum stocks in your answer to a question about which US stocks you would add today. In my humble opinion, buying stocks with astronomical valuations that are already up 10-fold or more from their 52 week lows is not normally a good recipe for investment success. It would be especially imprudent to buy such momentum stocks that are not even profitable and trade on the basis of Price to Sales. On the other hand, it is good that you are disclosing your personal ownership of many of these nosebleed stocks: I hope that you will also let your readers know when you sell...
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Last year we sold the shares in all 4 portfolios and switched to the ETF's in your growth portfolio. Used your % weighting in each ETF. We also held 2000 LSPD.
Now that the growth desired has been achieved, we would like to switch to a more conservative group of ETF's. Do you have any suggestions as to how to go about this?
Thanks, Bill
Now that the growth desired has been achieved, we would like to switch to a more conservative group of ETF's. Do you have any suggestions as to how to go about this?
Thanks, Bill
Q: Hi
Besides the amazing science a lot of great investment ideas here. Protein predictors AI grabbed me.
https://www.theguardian.com/science/2020/dec/20/the-virus-free-scientific-breakthroughs-of-2020-chosen-by-scientists
Best of the season to all.
Besides the amazing science a lot of great investment ideas here. Protein predictors AI grabbed me.
https://www.theguardian.com/science/2020/dec/20/the-virus-free-scientific-breakthroughs-of-2020-chosen-by-scientists
Best of the season to all.
Q: It would be good if you had a page that provides an overview of your different products.
I see you have a $50 +/- upgrade to the basic 5i called Research - I can't find anything on the site that describes the value it provides.
I see you have a $50 +/- upgrade to the basic 5i called Research - I can't find anything on the site that describes the value it provides.
Q: Hi Peter and team:
My question is about Drips and more importantly discounts on drips. I have had IPL for a number of years, and at one time they offered a discount. I truly believed, and was told that I was getting the discount on reinvestment. My shares are held in my RBC Direct investing account. I now read that this is an Rbc synthetic drip, and the only way to ever get the discount is to hold the shares in your own name. In a RRIF this would be impossible. Please fill me in on my lack of knowledge. Thanks, BEN.
My question is about Drips and more importantly discounts on drips. I have had IPL for a number of years, and at one time they offered a discount. I truly believed, and was told that I was getting the discount on reinvestment. My shares are held in my RBC Direct investing account. I now read that this is an Rbc synthetic drip, and the only way to ever get the discount is to hold the shares in your own name. In a RRIF this would be impossible. Please fill me in on my lack of knowledge. Thanks, BEN.
-
Brookfield Renewable Partners L.P. (BEP.UN)
-
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: I wanted to respond to Roy's concern that the answer I received from TD Waterhouse was a "load of crap " as I believe it could cause a lot of concern among your members that they are being cheated by their online brokers. The best way to do this is with math - Lets say that in total TD WaterHouse held 101 shares, split with 19 clients holding 5 shares and 1 client holding 6 shares. Their total of 101 would be rounded up to 152 shares in the 3 for 2 split and that would be what TD Waterhouse would receive from BEP. If you look at the clients accounts separately the 19 people would be entitled to 7.5 shares - 7 physical shares and cash for the .5 and the one client with 6 shares would receive 9 shares post split for a total of 19 X 7.5 + 9 = 151.5 share equivalent in compensation..... So if the total number of shares that the broker holds in trust is an odd number they are making at most .5 of a share - not .5 of a share on each client as Roy implied. As well its the only fair way to treat us. I would be upset if I was the guy holding 6 shares as I am getting 9 shares or 1.5X the number of shares post split whereas if the guy holding 5 shares was rounded up from 7.5 to 8 shares he is getting 1.6 X the number of original shares. Nothing looks deceptive or dishonest to me.
Q: What will be some of the factors that will lead to an analyst(s) starting to cover GSI? How does that work? Do they seek analysts out, or vice versa? Thanks.
Q: National Bank Financial did the same thing to me. I had 85 shares and was only given 42 shares,
I have told my advisor.
What are the next steps?
I have told my advisor.
What are the next steps?
Q: Qtrade stated in an email to me that they did not receive enough shares to round everyone up so they sold the half shares & gave us cash , $32.32, in lieu of the rounding up as is standard in these cases.
Dave
Dave
Q: Good morning Peter and team,
I know you have answered this type of question in the past but I have tried multiple options in the Search by text function without any luck.
Do you have any recommendations for reading material for a young adult new to investing? In particular, I am trying to steer him away from thoughts on getting rich quick by picking stocks he sees marketed by youtubers or "stock gurus" hawking their ideas on the internet.
Many thanks,
Rory
I know you have answered this type of question in the past but I have tried multiple options in the Search by text function without any luck.
Do you have any recommendations for reading material for a young adult new to investing? In particular, I am trying to steer him away from thoughts on getting rich quick by picking stocks he sees marketed by youtubers or "stock gurus" hawking their ideas on the internet.
Many thanks,
Rory
Q: I would like your opinion on crypto currency - in particular the one that is available at wealthsimple. I don't know much about it but it was recommended to me as a potential opportunity. Is it something that you would recommend for your portfolio and is it expensive right now?
Q: This year there have been a lot of companies that have made huge gains, and are now trading at very expensive price to earnings or price to sales numbers, particularly in the tech sector. I have several of these myself, but have resisted lightening up at least partially due to not wanting to realize big capital gains this year. Already have big 2020 capital gains from the BYD conversion at the start of this year, which was a taxable event, and I have held BYD for almost 10 years, so had a large embedded gain. I figure there are probably a lot of investors who are feeling the same way with some of their big winners, and I'm wondering about a run of tax GAIN selling in the first week of January, from people who want to lock in some gains, or lighten up outsized positions, delaying capital gains to 2021. Do you think this is a risk, particularly in some of the tech stocks that have doubled, tripled, or more in a very short period of time, and are there any stocks you think might be particularly vulnerable?
-
Brookfield Renewable Partners L.P. (BEP.UN)
-
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: There have been a number of questions/comments concerning the recent 3 for 2 stock split of BEPC and BEP.UN and how fractional shares are handled. I reached out to TD Waterhouse and their response may be of interest to your members:
"When we received payment from a Split we as a Broker receive payment on our one bulk position. We do not get paid for each client individually. If the client had a physical certificate or held shares directly with the Transfer Agent in their name only than yes they would have rounded up but the company says for "Registered Holders". The shares in the clients account are registered "TD Waterhouse ITF the client" so when we get paid we get one payment for all our clients because all of our clients shares are registered the same way TD Waterhouse ITF. But the client will get some cash for the fractional shares. The CIL usually comes in about 10 bus days after the Re-Org was processed. "
I would assume the same would be true for all online brokers.
Hope this is helpful
Cheers
Scott
"When we received payment from a Split we as a Broker receive payment on our one bulk position. We do not get paid for each client individually. If the client had a physical certificate or held shares directly with the Transfer Agent in their name only than yes they would have rounded up but the company says for "Registered Holders". The shares in the clients account are registered "TD Waterhouse ITF the client" so when we get paid we get one payment for all our clients because all of our clients shares are registered the same way TD Waterhouse ITF. But the client will get some cash for the fractional shares. The CIL usually comes in about 10 bus days after the Re-Org was processed. "
I would assume the same would be true for all online brokers.
Hope this is helpful
Cheers
Scott
Q: Morning Peter / Ryan and Team, first, Thanks so much for your calming advice through this past / current period of turmoil ! I am soon going to retire and start drawing on my rsp for income after years of accumulation. Thanks again to your guidance!!
This brings about some questions.
First, from a performance aspect, would a person be better using Drips and then selling stock to fund withdrawals, or, cancel drips and let dividends fund the withdrawals?
Second, when evaluating a stock/etf for an income portfolio, should more importance be put on dividend or growth? I have an all equity portfolio, diversified geographically and sector wise as per your recommendations, intend to stay in equity, simply increase cash reserves to fund withdrawals and allow a cushion. Thanks, Lavern
p.s. Happy Holidays to all, and Stay Safe! Better 6' apart than 6' under!!
This brings about some questions.
First, from a performance aspect, would a person be better using Drips and then selling stock to fund withdrawals, or, cancel drips and let dividends fund the withdrawals?
Second, when evaluating a stock/etf for an income portfolio, should more importance be put on dividend or growth? I have an all equity portfolio, diversified geographically and sector wise as per your recommendations, intend to stay in equity, simply increase cash reserves to fund withdrawals and allow a cushion. Thanks, Lavern
p.s. Happy Holidays to all, and Stay Safe! Better 6' apart than 6' under!!
Q: Hi Peter and team:
Just a note to say thank you. Two points: First, I sent in a question which I thought was almost an unfair one and virtually impossible. You actually answered it and provided your methodology with exactly what I needed. Second, I submitted my question late Friday, thinking I wouldn't receive an answer until Monday or so. I open up my email Saturday morning to find a reply time stamped at 2:00 am. Wow...needless to say, you made my day.
Thanks for the great service...above and beyond!
Please take Christmas Day off...Steve
Just a note to say thank you. Two points: First, I sent in a question which I thought was almost an unfair one and virtually impossible. You actually answered it and provided your methodology with exactly what I needed. Second, I submitted my question late Friday, thinking I wouldn't receive an answer until Monday or so. I open up my email Saturday morning to find a reply time stamped at 2:00 am. Wow...needless to say, you made my day.
Thanks for the great service...above and beyond!
Please take Christmas Day off...Steve
Q: Good morning 5i.
Yesterday I asked a question about options and you replied that one of your favourite strategies is to sell a call and a put on the same stock. I suppose I could run a few examples to try to see how this works. But, perhaps the best is to ask you to expand on that strategy a bit. Any particular things you look at in this strategy?
Yesterday I asked a question about options and you replied that one of your favourite strategies is to sell a call and a put on the same stock. I suppose I could run a few examples to try to see how this works. But, perhaps the best is to ask you to expand on that strategy a bit. Any particular things you look at in this strategy?
Q: My question is about investing in an index Exchange traded fund such as XEI, XRE, ZRE, etc.
How often do ETF (fund company) issue additional units/shares ?
Will additional issues of units dilute returns for medium to long term investors ? If yes how much of an impact would it have on returns and how significant would it be?
How often do ETF (fund company) issue additional units/shares ?
Will additional issues of units dilute returns for medium to long term investors ? If yes how much of an impact would it have on returns and how significant would it be?
Q: Getting cash in lieu of a full share of BEPC seems a bit cheeky to me. We were supposed to get a full share for any fraction.
I received $31.81 for half share. A full share is would have been worth $63.62. At the close on Friday that share was worth $66.98.
I didn’t see any mention of cash in lieu of fractional shares. So as of Fridays close I’m out $35.09.
Does anyone else think the same way I do?
Roy
I received $31.81 for half share. A full share is would have been worth $63.62. At the close on Friday that share was worth $66.98.
I didn’t see any mention of cash in lieu of fractional shares. So as of Fridays close I’m out $35.09.
Does anyone else think the same way I do?
Roy
Q: I like picking stocks, but I am also looking for a way to automatically invest 10% of my monthly income into some sort of index fund. Do you know what’s the best option for this? Is there a way to achieve this without having to pay a $9.99 transaction fee each time I buy something (RBC direct investing)? Many thanks and happy holidays! Love your service!
-
Brookfield Renewable Partners L.P. (BEP.UN)
-
Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC)
Q: Holders of the above shares I would like to draw your attention to a quote from the notice of share splits . Quote “Any fractional units/shares to be issued to registered holders as a result of the unit/share splits WILL be rounded up to the nearest whole unit/share” unquote. One could quibble over the words WILL and SHALL.
If you have an even number of shares of the above , your account should show the correct number of shares after the split.
However if you have an odd number of shares you might want to check that the rounding up has been done. For example if you held 201 shares of either of the above you should now have 302.
Calculation:
201 x 1.5 = 301.5 , rounded up gives you 302 shares.
If this isn’t happening for you, you should contact your dealer. Thousands of half shares can amount to a lot of missing shares.
Roy
If you have an even number of shares of the above , your account should show the correct number of shares after the split.
However if you have an odd number of shares you might want to check that the rounding up has been done. For example if you held 201 shares of either of the above you should now have 302.
Calculation:
201 x 1.5 = 301.5 , rounded up gives you 302 shares.
If this isn’t happening for you, you should contact your dealer. Thousands of half shares can amount to a lot of missing shares.
Roy